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Also known as: C/O LYNN HAZELWOOD
Jack M Matthews Corporation is a private corporation based in GALAX, VA. The foundation received its IRS ruling in 2022. The principal officer is % Lynn Hazelwood. It holds total assets of $6.3M. Annual income is reported at $1.1M. CORPORATION ENTERED INTO AN AGREEMENT WITH THE VIRGINIA DEPARTMENT OF FORESTRY FOR THE CONSULTATION TO CONDUCT A THOROUGH MANAGEMENT ASSESSMENT AND TO DEVELOP A LONG-RANGE PLAN FOR CARRYING OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE CORPORATION. According to available records, Jack M Matthews Corporation has made 31 grants totaling $911K, with a median grant of $11K. Annual giving has decreased from $523K in 2022 to $388K in 2023. Individual grants have ranged from $750 to $200K, with an average award of $29K. The foundation has supported 21 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina. Contributions to this foundation are tax-deductible.
CORPORATION ENTERED INTO AN AGREEMENT WITH THE VIRGINIA DEPARTMENT OF FORESTRY FOR THE CONSULTATION TO CONDUCT A THOROUGH MANAGEMENT ASSESSMENT AND TO DEVELOP A LONG-RANGE PLAN FOR CARRYING OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE CORPORATION.
THE CORPORATION INCURRED EXPENDITURES TO PAY FOR ADMINISTRATIVE AND OPERATING COSTS OF MAINTAINING THE CORPORATION'S ASSETS USED IN ITS CHARITABLE ACTIVITIES
CORPORATION ENTERED INTO AN AGREEMENT WITH THE VIRGINIA DEPARTMENT OF FORESTRY FOR THE CONSULTATION TO CONDUCT A THOROUGH MANAGEMENT ASSESSMENT AND TO DEVELOP A LONG-RANGE PLAN FOR CARRYING OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE CORPORATION. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in VA, NC.
Jack M Matthews Corporation has distributed a total of $911K across 31 grants. The median grant size is $11K, with an average of $29K. Individual grants have ranged from $750 to $200K.
The application deadline is THERE ARE NO SUBMISSION DEADLINES. YOU CAN FILL OUT AN APPLICATION AT ANY TIME DURING THE YEAR.. THE CORPORATION RESTRICTIONS ARE FOR THE SCIENTIFIC, RECREATIONAL, AND EDUCATIONAL PURPOSES FOR TOURS, SOIL AND WATER PROTECTION, AS AN OPEN SPACE AND THE GROWING OF FOREST SPECIES INDIGENOUS TO THE REGION OF SOUTHWEST VIRGINIA.
Jack M Matthews Corporation is headquartered in GALAX, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mike Reavis | DIRECTOR | $0 | $0 | $0 |
| Onnie Harmon | TREASURER | $0 | $0 | $0 |
| James M Baxley | SECRETARY | $0 | $0 | $0 |
| Douglas S Vaught | V PRESIDENT | $0 | $0 | $0 |
| John W Bolen | PRESIDENT | $0 | $0 | $0 |
Total Giving
$416K
Total Assets
$6.5M
Fair Market Value
$8.9M
Net Worth
$6.5M
Grants Paid
$388K
Contributions
$0
Net Investment Income
$269K
Distribution Amount
$413K
Total: $6.4M
Total Grants
31
Total Giving
$911K
Average Grant
$29K
Median Grant
$11K
Unique Recipients
21
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Matthews Living History Farm MuseumSUPPORT FOR ORGANIZATION | Galax, VA | $176K | 2023 |
| Blue Ridge Discovery CenterSUPPORT FOR EDUCATIONAL PROGRAMS | Troutdale, VA | $50K | 2023 |
| New River Soil & Water ConservationSUPPORT THE PURCHASE OF LAND | Galax, VA | $31K | 2023 |
| Grayson LandcareSUPPORT FOR ORGANIZATION | Independence, VA | $25K | 2023 |
| Carroll County Public SchoolsSUPPORT EDUCATIONAL PROGRAMS | Hillsville, VA | $18K |
| Bobby R Thomason |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Cindy Huff | DIRECTOR | $0 | $0 | $0 |
| 2023 |
| Virginia Department Of ForestryUPKEEP AT STATE PARK | Galax, VA | $15K | 2023 |
| Grayson County Public SchoolsSUPPORT EDUCATIONAL PROGRAMS | Independence, VA | $14K | 2023 |
| New River Hill FarmPURCHASE A TRACTOR | Galax, VA | $13K | 2023 |
| New River Wildlife And ConservationRIVER CLEANUP AND EDUCATION PROGRAMS | Fries, VA | $11K | 2023 |
| New River CatawbaRIVER CLEAN UP AND EDUCATION PROGRAM | Talorsville, NC | $11K | 2023 |
| Fries SchoolFISHING DAY AND SUMMER PROGRAMS | Fries, VA | $10K | 2023 |
| Galax City SchoolsSUPPORT EDUCATIONAL PROGRAMS | Galax, VA | $6K | 2023 |
| Galax Foundation Excellence In EdCOLLEGE SCHOLARSHIP | Galax, VA | $2K | 2023 |
| Southwest Virgnia Chapter Of SafSUPPORT EVENT FOR 4-H FORESTRY | Lebanon, VA | $750 | 2023 |
| New River ConservancySUPPORT THE PURCHASE OF LAND | West Jefferson, NC | $200K | 2022 |
| Wild Quail Foundation IncSUPPORT STUDY FOR QUAIL RESTORATION | Galax, VA | $25K | 2022 |
| Grayson County ScholarshipCOLLEGE SCHOLARSHIP | Independence, VA | $3K | 2022 |
| Carroll County Scholarship FoundatCOLLEGE SCHOLARSHIP | Hillsville, VA | $3K | 2022 |
| Galax Recreation DepartmentSUPPORT FOR ORGANIZATION | Galax, VA | $2K | 2022 |
| Grayson County Recreation DepartSUPPORT FOR ORGANIZATION | Independence, VA | $2K | 2022 |
| Carroll County Recreation DepartSUPPORT FOR ORGANIZATION | Hillsville, VA | $2K | 2022 |
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